Spirit Blockchain Capital (XCNQ:SPIR) 3-Year RORE % : -9.71% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Spirit Blockchain Capital 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Spirit Blockchain Capital's 3-Year RORE % for the quarter that ended in Sep. 2024 was -9.71%.

The industry rank for Spirit Blockchain Capital's 3-Year RORE % or its related term are showing as below:

XCNQ:SPIR's 3-Year RORE % is ranked worse than
62.88% of 757 companies
in the Capital Markets industry
Industry Median: 6.85 vs XCNQ:SPIR: -9.71

Spirit Blockchain Capital 3-Year RORE % Historical Data

The historical data trend for Spirit Blockchain Capital's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirit Blockchain Capital 3-Year RORE % Chart

Spirit Blockchain Capital Annual Data

Trend

Dec21

Dec22

Dec23

3-Year RORE %

Spirit Blockchain Capital Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
3-Year RORE %	Get a 7-Day Free Trial									-	-	-51.04	-57.07	-9.71

Competitive Comparison of Spirit Blockchain Capital's 3-Year RORE %

For the Capital Markets subindustry, Spirit Blockchain Capital's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spirit Blockchain Capital's 3-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spirit Blockchain Capital's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Spirit Blockchain Capital's 3-Year RORE % falls into.

Spirit Blockchain Capital 3-Year RORE % Calculation

Spirit Blockchain Capital's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %	=	( Most Recent EPS (Diluted)	-	First Period EPS (Diluted) )	/	( Cumulative EPS (Diluted) for 3-year	-	Cumulative Dividends per Share for 3-year )
	=	( -0.034	-	-0.044 )	/	( -0.103	-	0 )
	=	0.01	/	-0.103
	=	-9.71 %

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.

Spirit Blockchain Capital (XCNQ:SPIR) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.

Spirit Blockchain Capital 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Spirit Blockchain Capital's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.